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<br /> � , 98— ie��o��� � �
<br /> LOANNO. iS �Q? > > ��q
<br /> • If Lender exerclses this optlon, Lender shall glve Borrower notice of acceleratlon.The notice shall provide a period j
<br /> of not less than 30 days from the date the notico is delivered or malled within which Borrower must pay all sums secured �
<br /> by this Securlty Instrument.If Borrower falls to pay these suma prfor to the expiration of this period, Lender rnay Invoke
<br /> any remedles permitted by thls Security Instrument wlthout furthor notice or demand on Borrower. -
<br /> 18.Borrower's Rlght to Reinstate. If Borrower meets certaln condltions,Borrower shall have the right to have �
<br /> enforcement of thls Securlty Instrument dlscontlnued at any time prior to the earlisr of: (a)5 days(or such other period ,
<br /> as appllcable law may specify for relnstatement) beforA sale of the Praperty pursuant to any power of sale contained in ; ,�
<br /> thls Securfty Instrument;or(b)entryof a Judgment enforcing thls Security Instrument. Those conditions are that � �n���
<br /> �.,.,:��
<br /> Borrower: (a)pays Lender all sums whlch then would be due under this Security I nstrument and thQ NQte as if no __
<br /> acceleration had occurred;(b)cures any default of any other covenants or egreements; (c)pays all expenses Incurred _
<br /> In enforcing this Security Instrument,Including,but not Ilmited to,reasonable attarneys'fees;and(d)takes such actlon �„r-_ _
<br /> as Lender may reasonably requlre to assure that the Ilen of thls Security instrument,Lender's rlghts (n the Property and •. _
<br /> Burrower's obligatlon to pay the sums secured by this Securlty Instrument shall continue unchanged.Upon __
<br /> reinstatement by Borrower,this Securlty Instrument and the obllgations secured hereby shall remain fuliy effective as if
<br /> no acceleratlon had occurred.However,this right to reinstate shall not apply In the caso of acceleratlon under _
<br /> paragraph 17. �
<br /> 19.Sale of Note;Change of Loan Servicer. The Note or a partial Interest in the Note(together with this Security •
<br /> Instrument)may be sold one or more times wlthout prlor notice to Borrowor.A sale may result in a change In the entity �.�
<br /> (known as the"Loan Servicer')that collects monthly payments due under the Note and this Security Instrument.There y��
<br /> also may be one or more changes of the Loan Servicer unrelated to a sale of the Note.If there ts a change of the Loan __
<br /> . Servlcer,Borrower will be gfven wririen notice of the change In accordance with paragraph 14 above and applicable law. - �
<br /> ' The notice wlli state the name and address of the new Loan Servicer and the address to whlch payments should be ,,,..
<br /> made. The notice will also contaln any other informatfon requlred by appilcable law. +�� '
<br /> 20.Hazardous SubstAnces. Borrower shall not cause or permit the presence,use,disposal,storage, or release of �'
<br /> any Hazardous Substances on or In the Property.Borrower shall not do,nor allow enyone else to do,anyth!ng affecting
<br /> � the Property that Is in violation of any Envlronmentat Law.The preceding iwo sentences shali not ap�ly iu tt ie Nresence, - �
<br /> use,or storage on the Property of small quantftlas of Hazardous Substances that are generally recognized to be
<br /> ! approprfate to normal residential uses and to malntenance of tha Proparty.
<br /> Barrower shall promptly glve Lender wrttten notice of any Investigatlon,claim,demand,lawsuit or other action by
<br /> any governmental or regulatory agency or private party Involving the Property and any Hazardous Substance o�
<br /> ' Environmental Law of which Borrower has actual knowledge.If Borrower learns,or is notified by any governmental or
<br /> j regulatory authority,th�t any removal or other remed(atlon of any Hazardous Substance affecting the Property Is �
<br /> necessary,Borrower shall promptlytake ail necessary remedial actions in accordance with Environmen3al Law. .
<br /> ; As used In this paragraph 20,"Hazardous Substances"are those substances deflned as toxic or hazardous
<br /> i substances by Environmental Law and the following substances:pasoline,kerosene,other flammable or toxic �•;Y —�
<br /> j petroleum products,toxic pesticides and herbfcides,volatlle solvents,rnaterlals contafning asbestos or formaldehyde, �__
<br /> and radioactfve rr�aterials.As used in thls paragraph 20,"Envlronmental l.aw"means federal laws and laws of the ..;�, • ��.
<br /> I� Jurisdlction where the Property Is located that relate to health,safety or envlronmentai protectlon. •�
<br /> � NON-UNIFORM COVENANTS.Borrower and Lender further covenant and agree as follows: ,:,,.V-
<br /> 1 21.Acceleration;Remedies. Lender shall give notice to Borrower prior to ecceleration following Borrower's -��^�•• -�y
<br /> ! breach of any covenent or a�reement in thls Security Instrument(but not priorto ecceleration under paragraph �r�
<br /> 17 uniess applicable law provfdes otherwise).The notice shali specity: (a)the defaul4;(b)the action required to ;.
<br /> cure the detault;(c)a date. not less than 30 days from the date the notice fs given to Borrower,by whtch the :
<br /> � detault muM be cured;and (d)that failure to cure the default on or before the date specified in the natice mey ,� T
<br /> { result tn acceleretlon of the sums secured by this Sacurity Instrumont and sate of the Property.The notice shall ,;�������_
<br /> further inform Borrower of the rtght to reinstate aiter acceleration and the right to bring a court ectton to assert , �'�:,,�:4
<br /> � the non-existence of e detault or any other detense of Borrower to acceteration and sale.If the default is not
<br /> cured on or beiore the date sper,ifled in the notice,l.ender at its option may require immedfate payment in tuil of � ,,
<br /> � all suma secured by thia Security Instrument without further demand and may Invoke the power of sale end any
<br /> ' othor remedfas permitted by epplicable law.Lender shall be entftled to coliect alt expenses incurred(n pursuing
<br /> the remerlies provided in this paragraph 21,includinp,but not limited to,reasonable attorneys'fees and costs of
<br /> tltle evidence.
<br /> , • If the power of sale is invoked,Trwatee shail record a nottce of detault in each county in which any part of ,
<br /> the Property is located and shell mait coptes oi such notice in the manner prescribed by appticeble law to f
<br /> Borrower pnd to the other perspns prescribed by applicable law. After the time required by applicable law, (
<br /> Trustee shaii give public notice of sa�ie to the persons and in the manner prescrlbed by appllcable law. Trustee, �
<br /> without demand an Borrower,shall seli the Property at public auction to the highest bidder at the time and piace i
<br /> and under the terms designateci In the notice o1 sale in one or more parcels and in any order Trustee determines.
<br /> Trustee may postpone sale of all or any parcel ot the Property by public announcement at the time and place of
<br /> any previousty scF�eduled sale. Lender or its designee may purchase the Property at any sale. �
<br /> Upon receipt of payment of the price bid,Trustee shall deliver to the purchasor Trustee's deed conveying
<br /> the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth ot the staternents made
<br /> _.
<br /> ttterein. Trustee sna�i Appiy tne proceeds oT ine saie in ine iviivwing order.�aj iv aii cosi3&i�ci"viiNci�ac5 v�
<br /> NEBRASKA••SINGLE FAMILY-FNMA/FHLMC UNIFORM INSTRUMENT FORM30289/QO '
<br /> ISC/CMD7NE//0792/3028(9•901•L PAGE 5 OF 6
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